The area offers higher-end flips but comes with a higher buy-in cost.

San Antonio is known for its relatively lower cost of living compared to many other major cities in Texas.

Single family homes have the benefit of the tenant paying all utilities, taking care of all landscaping/snow, and lower cost replacement when things go wrong (a roof on a single family home is a lot less then on a large multi).

I want to share with you a strategy that not only unlocks the benefits of assuming existing loans but also pairs seamlessly with another powerful wealth-building tactic - House Hacking.

Even if the first deal "costs" them money, it is the cost of education and they are better suited for the next.B) Of the handful of turnkey providers whose websites I have been to and deals I have looked out, let's just say they are certainly painting a VERY rosy picture.  

I would ask the lender you applied with to disclose how they calculated your DTI... sometimes they fail to add back in depreciation or deduct costs from your schedule E like tenant turnover, improvements, etc. that shouldn't be included in the DTI calculation. 

When you sell the property and gain the difference between the sale price and the cost to you, that's profit.Net profit to you on a rental is the cash flow. 

I've seen a lot of Allstate rental properties with ACV or market value coverage rather than Replacement cost and other tricks to reduce coverage levels.  

Rising insurance costs are probably the number one driver right now of our overall expenses.

They cost 25k each on average and so far they’ve been easy to self manage out of state.